RE:RE:RE:RE:RE:RE:RE:Anyone know why...Exactly....now look to 2023 and adjust for the Realized financial derivatives loss and Interest...which will be much different in 2023.
But yes lots of ways to spin it...I'm looking at 2023
Also don't forget G&A as prices drop what is the carry cost of overhead when smaller...
Not here to argue just know what you own
scienceguy36 wrote: Q2 BTE
| Operating netback (2) | $ | 66.98 | | $ | 54.91 | | $ | 33.92 | | $ | 61.07 | | $ | 31.90 | |
| General and administrative | | (1.54 | ) | | (1.61 | ) | | (1.44 | ) | | (1.57 | ) | | (1.34 | ) |
| Cash financing and interest | | (2.71 | ) | | (2.81 | ) | | (3.19 | ) | | (2.76 | ) | | (3.31 | ) |
| Realized financial derivatives loss | | (16.41 | ) | | (11.59 | ) | | (5.28 | ) | | (14.04 | ) | | (4.13 | ) |
| Other (4) | | (0.60 | ) | | (0.48 | ) | | (0.20 | ) | | (0.56 | ) | | (0.15 | ) |
| Adjusted funds flow (1) | $ | 45.72 | | $ | |
Q2 CJ
| etback ($/boe)(1) | | | | | | | |
| Petroleum and natural gas revenue | | 112.91 | | | 60.68 | | 86 | | | | 103.90 | | | 56.16 | | 85 | |
| Royalties | | (22.84 | ) | | (10.54 | ) | 117 | | | | (20.82 | ) | | (9.18 | ) | 127 | |
| Net operating expenses(1) | | (22.69 | ) | | (21.56 | ) | 5 | | | | (23.49 | ) | | (21.47 | ) | 9 | |
| Transportation expenses | | (0.87 | ) | | (0.30 | ) | 190 | | | | (0.75 | ) | | (0.30 | ) | 150 | |
| Netback(1) | | 66.51 | | | 28.28 | | 135 | | | | 58.84 | | | 25.21 | | 133 | |
| Realized loss on commodity contracts | | - | | | (8.40 | ) | (100 | ) | | | - | | | (8.37 | ) | (100 | ) |
| Interest and other | | (0.95 | ) | | (2.07 | ) | (54 | ) | | | (1.03 | ) | | (2.15 | ) | (52 | ) |
| G&A | | (2.25 | ) | | (2.32 | ) | (3 | ) | | | (2.44 | ) | | (2.08 | ) | 17 | |
| Adjusted funds flow(1) | | 63.31 | | | |